Minneapolis, MN-based US Bank has appointed Mary Martuscelli as west region president for its Private Client Reserve, the bank's unit which tagets HNW clients with over $1 million in investible assets, based in Phoenix, AZ.

Martuscelli is responsible for growing and managing all aspects of the Private Client Reserve's business in Washington, Oregon, California, Arizona, Nevada, Utah and Colorado. She reports to Michael Boardman, who is president of the PCR.

According to a statement, Martuscelli has over 33 years of financial experience with JP Morgan Chase, where she has worked in many leadership roles, having served as Arizona president since 2007 and, most recently, serving as managing director of private banking for the firm's "Desert Mountain" states.

In a related move, at the end of August US Bank took on Helen Zhou - latterly of Wells Fargo - as managing director of private banking of its Private Client Reserve in San Francisco, CA. Zhou will oversee specialized lending and depository services for clients, for both their personal and professional accounts. She is also in charge of leading and expanding the private banking team and client base in San Francisco, Palo Alto and San Jose.